BlackRock Announces $12 Billion Acquisition of HPS Investment Partners

Reported about 17 hours ago

BlackRock is set to acquire private credit manager HPS Investment Partners in a $12 billion all-stock deal, marking its continued expansion through mergers and acquisitions this year. This follows previous acquisitions of Global Infrastructure Partners for $12.5 billion and Preqin for $3.2 billion.

Source: YAHOO

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